In the Czech countryside, not far from Prague, a ghostly white train is speeding around and around a huge loop of track. Source link
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN — Economists are growing concerned about the $20 trillion commercial real estate (CRE) industry. After […]
CNN — Amtrak is restoring service after a slew of train cancellations, primarily in the Midwest due to “a rail-industry control system that continues to experience intermittent communications issues,” according to Amtrak spokesperson W. Kyle Anderson. The industry control system is used to connect to other railroads, Anderson said. Amtrak trains can operate on freight […]
Hong Kong CNN — Travelers across Asia Pacific will likely continue to fork out more than usual for flights this year, even as planes return to the skies at a rate not seen since the start of the pandemic. Airfares within the region were 33% higher in February than the same month in 2019, compared […]
CNN — When EU lawmakers voted to ban the sale of new combustion engine cars in the bloc by 2035, it was a landmark victory for climate. In February, the European Parliament approved the law. All that was needed was a rubber stamp from the bloc’s political leaders. Then Germany changed its mind. In a […]
Washington CNN — Mortgage rates have taken would-be buyers on a ride this year — and it’s only March. Generally, home buyers can anticipate mortgage rates to move down through the rest of this year as the banking crisis drags on, which could cool down inflation. But there are bound to be some bumps along […]
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN — In the wake of Silicon Valley Bank’s collapse and subsequent banking meltdown, cash is […]
Tokyo CNN — Inside a dimly lit dining room, chef Tomoya Kawada of Sazenka is drawing a yin-yang diagram on a notepad as he explains his dreams for the distant future. “World peace through food,” he says. Such words could easily be dismissed as idealistic hyperbole. But coming from Kawada, they sound almost reassuring – […]
Editor’s Note: This is an updated version of a story that originally ran on February 1, 2023. New York CNN — After two weeks of banking turmoil, the Federal Reserve on Wednesday continued its bid to beat down inflation by raising its key interest rate again, the ninth such hike over the past year. That […]
CNN — An investigative journalist who detailed allegations of sexual abuse and harassment against the former Haitian Football Federation (FHF) president is now facing a defamation lawsuit designed to gag him, his lawyer tells CNN Sport. French journalist Romain Molina – who wrote news stories detailing the allegations against former FHF president Yves Jean-Bart to […]
